Ocwen Financial Corp., a thrift holding company that specializes in acquisition and resolution of troubled loans, said last week that it has acquired a 35% stake in Kensington Mortgage Co., a unit of United Kingdom-based Norland Capital Group.

Ocwen paid $45.4 million.

Kensington makes mortgage loans to people whose credit histories disqualify them from borrowing from building societies, banks, and other traditional sources of credit.

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